Arizona · Nonprofit
PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION
PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION (Arizona) receives grants from 1 organization whose IRS filings report $157,723 to it, the largest being ARIZONA COMMUNITY FOUNDATION ($157,723). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.9M
- Funders on record
- 1
- Grants received
- $158k
- Net assets
- $40M
What Phoenix Community Development and Investment Corporation does
Mission
To alleviate poverty and combat community deterioration through serving or providing investment capital for qualified low-income communities through community development entities in accordance with internal revenue code section 45d and the treasury regulations thereunder.
As stated on its FY2024 Form 990.
Programs
New markets tax credit loan program - to attract and provide funds for projects that will improve the quality of life of those individuals who live and work in underserved areas of the community.
$355,740 spent$1,460,138 earned by the program21% of program spendingNon-new markets small business loans to businesses that would not qualify for traditional lending, designed to assist in those communities that we serve.
$76,230 spent5% of program spendingCollege and university scholarship grants for tuition and other costs are awarded for up to 4 years to primarily lmi students, a majority of whom are first-generation college students. Additionally, pcdic provided covid-19 financial relief grants to small businesses and nonprofits in lmi areas of maricopa county, as well as grants to local nonprofits for projects in lmi areas supporting affordable housing, community/economic development, health innovation, and youth & family development.
$1,231,784 spentof which $1,155,554 as grants74% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,663,754.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $36M to $41M (+13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
6% of PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Juan Salgado
Chief executive officer
Board chair
John Chan
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.
Funder states come from each funder’s own filing. $158k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION holds deeper cash reserves than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Arizona
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
65% of spending goes to programs.
Governance
Public support
44%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 9 related entities
- Phx Ocotillo LLC · partnership
- Phantom Horse LLC · partnership
- Villa de Paz LLC · partnership
- Villa Monterey LLC · partnership
- Pohlcat LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION?
- PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION (Arizona) receives grants from 1 organization whose IRS filings report $157,723 to it, the largest being ARIZONA COMMUNITY FOUNDATION ($157,723). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION have?
- IRS filings report 1 organization giving $157,723 in grants to PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION.
- Who is the largest funder of PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION?
- ARIZONA COMMUNITY FOUNDATION is the largest funder on record, with $157,723 in grants. The full list of funders is on this page.
- How can an organization like PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing